I’m starting to like dividend stocks more, because they pay a nice stream of income and their prices are more steady. This bad market makes me realize dividend-paying stocks are very important. I’m still holding PFE, and I enjoy receiving dividends from them when my portfolio was down. Other good dividend-paying stocks include Altria Group (MO), Bank of America (BAC), Citigroup (C), and U.S. Bancorp (USB).
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You might also look at some Canadian Royalty trusts, like PGH, PVX, and others. They produce a nice divy with monthly payouts. They are also oil and gas producers, which may be a good hedge against retailers and other sectors weighted heavily towards the economy.
-Grant
TheCornerOfficeBlog.com